Singapore’s bunker market has tightened significantly this week, after workers tested positive for Covid-19 at Universal Terminal which has delayed barge loading schedules. The terminal is currently short staffed, with the number of barges queued up in…
ENGINE: Global Fuel Availability Outlook Read More »
The dry bulk market could be looking for at least two more quarters of solid performance, should the futures market prove to be correct. In its latest weekly report, shipbroker Intermodal said that “following up on our insight on May 2021, where we dis…
Dry Bulk Futures at Multi Year Highs Read More »
After a slow start to the US soya bean export season, partly due to disruption from Hurricane Ida, US soya bean inspections ahead of exports have jumped to 1.6m tonnes in the week ending 7 October. This represents a 90.9% jump from the week before and …
BIMCO: US soya bean inspections nearly double week-on-week to 1.6m tonnes Read More »
Newbuild orders for multipurpose ships (MPV), including both breakbulk and project cargo vessels, are not expected to reach pre-pandemic levels this year, in sharp contrast to the competing sectors of containerships and dry bulk carriers, according to …
Lack of newbuilds accelerates shortage of modern tonnage for MPV fleet Read More »
Demand for dry bulk tonnage has remained high in the S&P market. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, interest for SnP transactions remained vivid for yet another week, with several units of di…
Dry Bulk Carriers in High Demand as Rates Keep Rallying Read More »